New North Sea oilfield Avalon to be developed with FPSO and floating wind combo
A “key milestone” has been reached for Avalon, a new oilfield in the UK North Sea, to go ahead.
North Sea
New data finds IR35 tax changes are ‘hampering growth’ of UK oil and gas industry
Controversial changes to off-payroll working tax rules have left some oil and gas firms struggling to fill ‘vital roles’, according to new data.
Reuters – Cnooc North Sea exit spurred on by fears about potential sanctions
Fears about potential sanctions on Chinese Government assets are driving Cnooc’s departure from the North Sea, it has been reported.
Production restarts at Blythe after IOG temporarily addresses issues
Production has restarted at a North Sea field after a temporary solution was found to a chemical injection fault.
Heerema arrives on location to begin Dunlin Alpha decommissioning
Preparatory works have kicked off in the North Sea ahead of the removal of the Dunlin Alpha topside.
Noble and Maersk Drilling to sell off several North Sea rigs to overcome merger hurdles
Maersk Drilling and Noble Drilling are preparing to sell a series of oil rigs, currently stationed in the North Sea, in order to get over competition hurdles.
Helicopter operator Babcock posts 2021 losses of £383m
North Sea helicopter operator Babcock slumped to pre-tax losses of £383 million in 2021.
i3 Energy seeks more partners on ‘company-making’ North Sea field
North Sea operator i3 Energy (LON: I3E) has said an appraisal on its “company-making” Serenity field will now take place in the second half of the year.
Repsol Sinopec: Decommissioning talent essential for UK’s energy transition
Globally the energy landscape is changing. It is undergoing significant transition to meet energy demands whilst reducing carbon emissions – a difficult balancing act.
Protecting Scot Gov tax take from energy workers hinges on ‘green job creation’
A change in Scotland’s income tax take could be on the cards as workers move between subsectors and between industries in the coming years.
Outcry as UK loses out to UAE’s Lamprell on £10bn floating wind projects
Work for a trio of giant floating wind projects off the coast of Scotland have gone to the UAE fabricator Lamprell, sparking outcry.
North Sea chief speaks out over PPE fears for women offshore
Calls are being made to address women working offshore in the North Sea facing risk due to poorly-fitting PPE safety gear.
Ithaca aiming for ‘support from all parties’ on Cambo push
The chairman of Ithaca Energy, soon to be the new operator of the controversial Cambo oilfield, has said the firm wants open dialogue with environmentalists and other parties on its future.
Harbour Energy eyes clutch of North Sea projects in 2022
Harbour Energy has outlined a clutch of projects expected to get underway in the North Sea this year, including new wells at the J-Area and Catcher field.
UK energy strategy to ‘breathe new life’ into North Sea and Net Zero
A commitment to North Sea oil and gas while ramping up nuclear, hydrogen and offshore wind, is at the heart of a new UK strategy to protect consumers from future surges in energy bills.
CHC grudgingly suggests partial sale of Babcock UK business to get over competition hurdle
Helicopter operator CHC has grudgingly suggested a partial divestment of the Babcock UK business in Aberdeen to get over competition hurdles.
M&A: North Sea deals won’t rush to meet oil price surge
Firms won’t be rushing into deals or investment off the back of higher oil and gas prices – the boom may even be stalling such activity in the North Sea, according to top analysts.
IKM Testing UK wins well services contract with BP for North Sea assets
Integrated solutions provider IKM Testing UK has secured a deal with BP to deliver well integrity services across the supermajor’s North Sea portfolio.
BP and Altera launch investigation after blaze on Petrojarl Foinaven FPSO
BP (LON: BP) and Altera Infrastructure have launched an investigation after a fire broke out on the Petrojarl Foinaven FPSO over the weekend.
IOG ‘working urgently’ to resolve platform issue at Blythe
North sea firm IOG is working to restore production from one of the fields that makes up its flagship Saturn Banks scheme.
Repsol Sinopec at investment ‘turning point’ for decommissioning and energy transition
Jose Luis Muñoz talks to Energy Voice on Repsol Sinopec Resources UK ramping up decommissioning, the challenges of “chronic underinvestment” in the sector, and the firm’s $1 billion near-term plan for North Sea projects.
A year after launch, the North Sea Transition Deal is building our nation’s low-carbon future
The UK’s bus and lorry fleets, plus many homes, could be running on low carbon hydrogen within two decades thanks to green technologies now being pioneered in three UK regions renowned until now for their carbon-intensive industries.
UK well slot – Jaws duds, Edinburgh spuds
As of 25 March, Westwood Global Energy reports that there is one exploration well and one appraisal well active, both in the CNS. One exploration well completed since the last report.
Harbour Energy, NEO and Waldorf all ‘likely’ destinations for Cnooc assets
The North Sea’s new class of operators could be poised to further strengthen their dominance in the basin with several major assets expected to hit the market.
Sturgeon accused of having ‘fingers in ears’ after refusing to shift stance on Cambo
Scotland’s First Minister has been described as a threat to energy security after she reiterated her opposition to a controversial North Sea oilfield.